1. Client of the Month June 2016

    Husband 60 and Wife 57, deposit $157,425 into an Asset Based plan that provides each of them $8,329 per month of long-term care coverage with a lifetime benefit. This means each person can draw out up to the monthly benefit tax-free for as long as they need it. This asset based plan also provides a second to die death benefit of $277,646 which is payable to their estate or beneficiaries tax free i…Read More

  2. Using Qualified Funds for Long-Term Care Plans

    DID YOU KNOW? We now have more ways to fund long-term care insurance plans. Because of recent federal change from the Pension Protection Act, we now have more ways to fund long-term care insurance plans and many of them offer tax advantages that many people and their advisors are not aware of. This month, I want to address using qualified funds which is money usually in a 401k or IRA that has not …Read More

  3. 3 Things You Should Know About Long-Term Care Planning

    Having Long-Term Care Insurance is one of the most important ways you can protect yourself and your family heading into retirement. Only 8% of the U.S. population currently have any long-term care insurance coverage. Yet almost 70% of people over age 65 will end up in long-term care at some point in their retirement years. If you have savings and people you care about... you may want to look into …Read More